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GCL - Initial Public Offering (IPO) , Latest IPO, HDFC, ICICI,

Chalet Hotels, owner, developer and asset manager of high-end hotels has proposed to open its initial public offering (IPO) on January 29, 2019.

The IPO consists of equity shares of face value of Rs 10 each aggregating up to Rs 9,500 million (fresh issue) and an offer for sale of upto 24,685,000 equity shares (offered shares).

The offer for sale comprises up to 5,550,000 equity shares by Ravi C Raheja, up to 5,550,000 equity shares Neel C Raheja, up to 10,784,176 equity shares.